Intetics Co. announces its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 30th year.
Intetics Co. was ranked #473 with software revenue of $9,223,696 in 2011, reflecting its impressive growth for the past three years. The Software 500 is an annual, revenue-based ranking of the world’s largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing. Intetics Co. showed a remarkable 26.1% growth in 2011, up from 15% growth in 2010.
As a result, Intetics ranks among the fastest growing companies in its revenue category. It was included in the Top 10 Growth Chart of Companies in the $5-$10 Million Range. Its fourth place among the Top 10 was earned because of “its offerings to help support remote teams working on application development, systems integration, and other technical projects.”
The Software 500 list includes both private and public companies and is based on the information that the companies provide each year. The list is intended to be a “catalog to enterprise software” to be used by CIOs, senior IT managers and IT staff alike.
“The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 19 percent growth from the previous year’s list,” says John P. Desmond, editor, Software Magazine.
The ranking for Intetics and other companies was based on total worldwide software and services revenue for 2011. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting. The financial information was gathered by a survey prepared by Rockport Custom Publishing, LLC. and posted at www.softwaremag.com, as well as from public documents.